IP Procurement definition
Examples of IP Procurement in a sentence
On the terms and subject to the conditions set forth in this Agreement and any Exhibits hereto, IP agrees to provide to Sylvamo, and Sylvamo agrees to purchase from IP, the IP Procurement Services for the Monthly Procurement Fee.
The charges with respect to the Continuation Services shall be the charges contemplated by this Agreement for the Products and the IP Procurement Services.
Except for Section 13.4, nothing in the other provisions of this Agreement (including any efforts standard or the fact that IP is providing the IP Procurement Services) shall restrict or limit the requirement that IP facilitate in the sale to Sylvamo one hundred percent (100%) of Sylvamo’s requirements for Products.
The parties acknowledge and agree that the current fiber supply contracts associated with the Transferred ▇▇▇▇▇ as set forth in Disclosure Schedule 3.16, Items 87 – 111 shall continue to be maintained during their current term, as may be amended, as an IP Procurement Service by IP’s Wood Employees on behalf of Sylvamo.
The parties agree that IP will cooperate with Sylvamo and its Affiliates to assist in the orderly transfer of the IP Procurement Services (the “Termination Assistance Services”) to Sylvamo or its designee commencing up to one (1) year prior to termination or expiration.
Upon Sylvamo’s reasonable request, IP shall provide Sylvamo reasonable access to the facilities, assets, employees and information used by IP (or generated by IP) in connection with providing the Products and performing the IP Procurement Services.
Sylvamo and IP agree to collaborate on adjustments and changes to safety practices and protocols relating to delivery of the Products and the performance of the IP Procurement Services.
The Certificate of Incorporation of the Corporation shall not be amended in any manner which would materially alter or change the powers, preferences or special rights of the Series A Preferred Stock so as to affect them adversely without the affirmative vote of the holders of at least two-thirds (2/3rds) of the outstanding shares of Series A Preferred Stock, voting together as a single class.
All reasonable expenses under this Section 3(d), together with interest thereon as calculated pursuant to Section 3(g) (collectively, the "IP Procurement and Maintenance Costs"), shall count as Qualifying Expenditures, including, without limitation, third party fees, but not including costs of internal employees.
By signing this Sub- Project Agreement, the Agency undertakes to apply and comply with UNHCR IP Procurement Guidelines.